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Exhibit 23.2
CONSENT OF DELOITTE & TOUCHE LLP
We consent to the incorporation by reference in this registration statement
(File No. 333-30196) of Shelbourne Properties III, Inc. on Form S-4 of our
reports dated March 17, 2000 appearing in the Annual Report on Form 10-K of High
Equity Partners L.P.- Series 88 for the year ended December 31, 1999 and to the
use of our report dated September 15, 2000, on our audit of the consolidated
balance sheet of Shelbourne Properties III, Inc. as of June 30, 2000 appearing
in the Prospectus, which is part of this Registration Statement. We also consent
to the reference to our firm under the caption "EXPERTS" in such Prospectus.
DELOITTE & TOUCHE LLP
Boston, Massachusetts
September 15, 2000
